CEMAR reported earnings results for the first quarter of 2016. For the period, the company reported net operating revenue of BRL 656,541 million against BRL 710,154 million a year ago. EBITDA was BRL 133,552 million against BRL 116,933 million a year ago. EBIT was BRL 97,999 million against BRL 76,089 million a year ago. Result before income tax was BRL 74,996 million against BRL 95,520 million a year ago. Net income was BRL 58,919 million against BRL 75,976 million a year ago. Adjusted net income was BRL 66 million against BRL 91 million a year ago. Net Debt was BRL 2,134 million against BRL 1,977 million a year ago. Adjusted EBITDA was BRL 135 million against BRL 142 million a year ago.